Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Swedish IKEA Industry Slovakia will cut about 17% of jobs in Jasna and make 130 workers redundant by the end of August 2016. IKEA Industry in Jasna produces timber furniture and has 732 employees. According to Iveta Ondrusova, a representative of IKEA Jasna, redundancies are attributed to a decrease in orders from customers. In order to maintain long-term competitiveness, operations in the production of furniture are being reorganised. The management, in cooperation with trade unions, will look for suitable assistance to all workers concerned by redundancy.
Eurofound (2016), Ikea Industry Slovakia, Internal restructuring in Slovakia, factsheet number 86859, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86859.